Inventronics Stock Beta
| IVX Stock | CAD 0.58 0.03 4.92% |
Inventronics fundamentals help investors to digest information that contributes to Inventronics' financial success or failures. It also enables traders to predict the movement of Inventronics Stock. The fundamental analysis module provides a way to measure Inventronics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Inventronics stock.
Inventronics | Beta |
Inventronics Company Beta Analysis
Inventronics' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Inventronics Beta | 0.32 |
Most of Inventronics' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Inventronics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Inventronics Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Inventronics is extremely important. It helps to project a fair market value of Inventronics Stock properly, considering its historical fundamentals such as Beta. Since Inventronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Inventronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Inventronics' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Inventronics has a Beta of 0.316. This is 76.93% lower than that of the Machinery sector and 79.07% lower than that of the Industrials industry. The beta for all Canada stocks is notably lower than that of the firm.
Inventronics Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inventronics' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Inventronics could also be used in its relative valuation, which is a method of valuing Inventronics by comparing valuation metrics of similar companies.Inventronics is currently under evaluation in beta category among its peers.
As returns on the market increase, Inventronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Inventronics is expected to be smaller as well.
Inventronics Fundamentals
| Return On Equity | -0.0551 | ||||
| Return On Asset | -0.0057 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 4.71 M | ||||
| Shares Outstanding | 4.87 M | ||||
| Shares Owned By Insiders | 69.96 % | ||||
| Number Of Shares Shorted | 146 | ||||
| Price To Earning | 1.37 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 8.86 M | ||||
| Gross Profit | 2.3 M | ||||
| EBITDA | 139 K | ||||
| Net Income | 369 K | ||||
| Cash And Equivalents | 5 K | ||||
| Total Debt | 3.28 M | ||||
| Debt To Equity | 2.06 % | ||||
| Current Ratio | 2.00 X | ||||
| Book Value Per Share | 0.51 X | ||||
| Cash Flow From Operations | 1.57 M | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 3.36 M | ||||
| Total Asset | 6.09 M | ||||
| Retained Earnings | 1.11 M | ||||
| Working Capital | 2.25 M | ||||
| Annual Yield | 0.15 % | ||||
| Net Asset | 6.09 M |
About Inventronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inventronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inventronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inventronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Inventronics Stock Analysis
When running Inventronics' price analysis, check to measure Inventronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inventronics is operating at the current time. Most of Inventronics' value examination focuses on studying past and present price action to predict the probability of Inventronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventronics' price. Additionally, you may evaluate how the addition of Inventronics to your portfolios can decrease your overall portfolio volatility.